On January 1, 2020, ABC Company signed a 10-year noncancelable lease for new equipment, requiring $20,000 annual payments at the beginning of each year. The equipment has a useful life of 15 years, with no salvage value. Title passes to Warrior at the lease expiration date. At the lease commencement, Warrior records a right-of-use asset and a lease liability of $126,000, based on an appropriate rate of interest. For 2020, ABC should record amortization on its right-of-use asset of a. $12,600 b. $0 c. $8,400 d. $20,000